23
AssignmentMultiple Select

The Populist Party

Question 23 • FL-2100310-United States History A

Why was inflation good for farmers? Check the two correct reasons below.

Answer
A
Inflation would result in higher prices for crops.
B
Inflation would result in lower prices for manufactured goods.
C
Inflation would make it easier for farmers to repay their debts.

Explanation

Inflation raises the prices farmers can receive for their crops, so their sales bring in more money. It can also make existing debts easier to repay: the amount owed is fixed, while farmers’ income and prices may rise, making the debt smaller in real terms. Inflation does not generally mean manufactured goods become cheaper, so B is not correct.

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